This is our third trade from the challenge that was pending now I’ve officially started it again. My wallet has already grown from $100 to $900 by taking Two high-risk trades one on $ALCH and another one on $BEAT , but you guys didn’t know that. Now it’s time for this trade.
Trade Plan: - Buy $PIEVERSE - Use 10% of your portfolio - With 20x or 30x leverage
In my opinion, the price might dip slightly to grab buy-side liquidity, possibly around $0.33. But if it doesn’t drop and the trade gets missed, then all the time and effort I put into analysis will go to waste that’s why I’ve already entered early.
If the price does go lower, I’ll DCA (dollar-cost average) and place my stop loss at $0.2935, then hold until our take profit gets hit.
You should follow the same plan, because funding fees are negative, and we might see a nice pullback here. #money #challenge
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.